Trucking Acquisitions Put New Spotlight on Fleet Values

Trucking companies newly flush with cash are stepping up strategies to grow through acquisitions, but they’re finding new challenges in financial reporting along the road.

Earlier this month, Iowa-based trucker Heartland Express Inc. HTLD -0.76% dismissed its auditing firm of 16 years, KPMG LLP, citing differences over internal communication and procedures after the firm’s acquisition last July of Interstate Distributor Co.

Read more at The Wall Street Journal

Recent Articles